Quick Summary
Quick Summary
- Cash flow positive 4 plex with strong rental income
- Separately metered units with in-suite laundry
- Recently renovated kitchens with granite and stainless
- Convenient location with high walkability score
- Close to public transit and future LRT route
- Easy access to downtown core
- Hassle-free management and appreciation potential
- Turn-key opportunity ready for showings
Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a... Show More
Turn-Key, Cash flow positive 4 plex in south Stipley! This legal non-conforming triplex is set up as four self-contained rental units. The property features triple rear parking and in-suite laundry for all units, adding to its appeal for tenants. It generates a strong annual gross rental income over $55,000. The unit mix includes a spacious main-floor 2-bedroom/1 bath, 2nd floor is 2 bed/1 bath, attic is 1 bed/1 bath and basement 1 bed/1 bath. All units except the basement are separately metered, with tenants responsible for their own hydro. Units recently renovated with granite countertops and stainless steel appliances in kitchens. Location is A+ with a walk score of 89. Close to all amenities, schools, parks, hospitals, and more. It is steps from public transit and close to the future LRT route, and offers easy access to and from the downtown core. this turn-key opportunity offers hassle-free management and huge potential for appreciation. Don’t miss out—schedule your showing today! (id:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
4pc Bathroom
Bathroom
Bedroom
14′2″ x 10′10″
Bedroom
9′10″ x 13′1″
Dining room
10′9″ x 13′1″
Living room
15′9″ x 10′10″
Kitchen
12′10″ x 7′9″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 2,500 - 3,000 Sq. Ft.
- 6
- 4
- 3,500 - 5,000 Sq. Ft.
- 3
- 4
- 2,000 - 2,500 Sq. Ft.
- 5
- 3
- 9
- 3
- 5
- 4
- 6
- 4
- 1,500 - 2,000 Sq. Ft.
- 4
- 4
- 2,000 - 2,500 Sq. Ft.
- 4
- 3
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.